If a Company's P/E Ratio Is 24 and the Company's

question 24

Multiple Choice

If a company's P/E ratio is 24 and the company's EPS is $1.50 then the company's share price is:

• A)$36.00.
• B)$25.50.
• C)$16.00.
• D)$6.25.

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Definitions:

Selling

The act of convincing a person to purchase a good or service.

Price List

A price list is an itemized list of products and services offered by a business, including each item's price, used as a marketing and sales tool.

Basic Systems

Fundamental and essential systems that support the operations of a broader structure or mechanism.

Proposal

A proposal is a formal suggestion or plan put forward for consideration or discussion, especially in a business context.